INSUBCONTINENT EXCLUSIVE:
French startup Alan has been mostly focused on its main health insurance product —a standard package for companies of all sizes and shapes
The company is launching a second offering on this market with Alan Blue.Companies can now choose between two levels of insurance — Alan
Alan Green is the existing health insurance product with a new name
It still costs the same and offers the same level of coverage
Alan Blue is a higher-end product with better coverage for companies who want to retain talent using better benefits.French employees
automatically get basic coverage from the national healthcare system
But companies also need to provide a health insurance from a private company to pay for part of the health expenses
It a hybrid system with a strong legal framework.This is where Alan comes along as your employer signs a deal with an insurance company to
cover all their employees
Usually, insurance companies provide multiple offerings
But Alan has historically focused on a single plan.With Alan Green, you get good coverage starting at $59 (€50) per month per employee if
you&re under 36 years old
It gets more expensive if you&re over 36, and then over 45, and then over 56 years old
Plans for employees over 56 cost $100 per month (€85).Companies have to pay at least 50 percent of those plans
The rest is deducted from your pay
Some companies also choose to pay 100 percent of everyone health insurance to show that they really care about their employees.Employees can
also choose to cover their spouse and kids with Alan
Plans for a second adult cost the same as plans for employees
And you can cover all your kids for a $47 flat monthly fee (€40).While you won&t pay anything if you see a normal medial practitioner,
Alan Green couldn&t necessarily cover an expensive pair of glasses or extensive dental work.Alan Blue is a second option for companies
looking for a premium health insurance product
Companies now have to decide between the two plans for the entire staff
You can&t let employees decide between one plan or the other.Alan Blue starts at $82 per month (€70) for young employees and also gets
more expensive depending on the age of the employee
While there only a €20 difference between the two offerings for employees under 36 years old, the price difference is higher the older you
Similarly, you can cover all your kids for a slightly more expensive $64 flat monthly fee (€55).For companies that choose to fully pay for
health insurance, it depends if you&re willing to spend more to provide better insurance
But some companies only pay part of the health insurance package
Employees will end up paying more if their companies switch from Alan Green to Alan Blue.&Overall, companies that are growing rapidly tend
to invest a lot for their employees and switch to Alan Blue,& co-founder and CEO Jean-Charles Samuelian told me
&We already noticed that with companies in our existing clients
Some companies are also switching to Alan because they wanted something very high end before switching.&Alan still plans to target small
The startup thinks that small companies are underserved by big insurance companies and tend to pay more for health insurance.Alan Green is
not going away anytime soon
Samuelian thinks you can combine Alan Green with Alan Map to find the perfect doctor around you and get fully reimbursed.Alan Blue is
already available to selected Alan customers
All companies will be able to sign up in September
You can already view all pricing and insurance details on Alan website.
